| Juli Clover / MacRumors: |
Elon Musk says Apple threatened to “withhold” Twitter from App Store “but won't tell us why” and calls out Apple's lower Twitter ad spend and alleged censorship — Apple has cut back on its Twitter advertising, according to Twitter CEO Elon Musk.| Financial Times: |
Source: Musk sought to call some brands' CEOs to berate them for advertising less on Twitter; others lowered spend to the minimum needed to avoid confrontation — Top brands abandon social media platform as billionaire owner berates chief executives who have curbed spending| Washington Post: |
Source: in Q1 2022, Apple was the top advertiser on Twitter, spending $48M and accounting for over 4% of Twitter's revenue that quarter — In a series of tweets, the billionaire says Apple also has mostly stopped advertising on Twitter — Elon Musk on Monday went on a tear against Apple … | Joseph Menn / Washington Post: |
Researchers: China seems to be flooding Twitter with porn tweets mentioning places where people are protesting, overwhelming Twitter's reduced moderation team — For hours, links to adult content overwhelmed other posts from cities where dramatic rallies escalated| Wall Street Journal: |
Chinese protestors are holding up blank pieces of paper as a protest against censorship, leading platforms and censors to quickly remove the images — Protesters are using few or no words in public and online demonstrations to speak out against Beijing's zero-Covid policies| Decrypt: |
BlockFi files for Chapter 11 bankruptcy protection in New Jersey, plans to lay off a large portion of its staff, and says it has $256.9M cash on hand — The FTX contagion has just claimed another crypto firm. … The crypto lender is also laying off a large portion of its staff, the source said.| Sam Schechner / Wall Street Journal: |
Ireland's Data Protection Commission fines Meta €265M for failing to safeguard data on 500M+ users from data scrapers, the third fine by the DPC on Meta — Company gets new EU privacy fine as bloc tightens regulation of big tech companies — A top European regulator fined Facebook … | Vlad Savov / Bloomberg: |
Source: turmoil at Foxconn's Zhengzhou hub is likely to lower iPhone 14 Pro production by close to 6M units in 2022, potentially worsening if lockdowns continue — Turmoil at Apple Inc.'s key manufacturing hub of Zhengzhou is likely to result in a production shortfall of close … | Foo Yun Chee / Reuters: |
Sources: Microsoft will likely soon offer the EU concessions regarding the Activision deal; source: the main remedy would be a 10-year licensing deal to Sony — Microsoft (MSFT.O) is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections … | Jagmeet Singh / TechCrunch: |
WhatsApp begins rolling out a Message Yourself feature, letting users send notes, reminders, and shopping lists to themselves — WhatsApp has started rolling out a feature to let you chat with yourself. Sending messages to your own account can be a way to keep a piece of information easily accessible … | New York Times: |
US crypto exchange Kraken agrees to pay $360K+ to the Treasury Department to settle accusations of sanctions violations involving transactions by users in Iran — The crypto exchange, which had been under investigation for violating U.S. sanctions, agreed to pay $360,000 to settle the allegations.| New York Times: |
Yahoo takes a ~25% stake in Taboola and plans to use Taboola's ad tech as part of a 30-year exclusive deal expected to generate $1B+ in annual revenue — Yahoo's chief executive sees the deal as a long-term bet on digital advertising. The companies estimate that their ad partnership will generate $1 billion annually.| Gian Volpicelli / Politico: |
EU lawmakers claim the Markets in Crypto Assets rules, expected to be approved in 2023, would prevent an FTX-like crash, but some say the proposal needs updates — The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back.
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| Charley Adams / BBC: |